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S&P 500
5,222.68
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0.16%
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US TECH 100
17,650.00
(
0.05%
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Dow Jones
39,512.84
(
0.32%
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Brent Oil
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Bitcoin
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DownWithPumpers

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DownWithPumpers

Re: StockItOut post# 60642

Sunday, 05/21/2017 8:07:00 PM

Sunday, May 21, 2017 8:07:00 PM

Post# of 63744
That just means that when dollars go up in value they buy more Yen, gold, and everything else, so the price of gold, yen, etc. drops.

You can see the same principle in Banro stock. The Canadian dollar is worth a lot less US dollars than it was worth a few years ago. Therefore Banro shares in the US have fallen in price more than they have in Canada.

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